2. Goods and services
Factors of Production
Opportunity Cost
Trade Off
•Drivers Ed classes
•Driving lessons
•Classes for defensive
driving
•Teachers
•Computers
•Cars
•Driving
instructors
•Textbooks
•Cones
Get a family member to
teach you
Student might miss going
out to eat with a friend
3. Goods and services
Factors of Production
Trade Off
Opportunity Cost
•Clothes
•Make up
•Jewelry
•Shoes
•Appliances
(blenders, etc)
•Types of clothes
•Cashiers
•Managers
•Computers
•Specialist in jewelry
•Toys and books
•Coupons
Shop online
Manager might be spending
time with family
4. Goods and services
Factors of Production
Trade Off
Opportunity Cost
•Books
•Coffee and
snacks
•Story time
for kids
•Movies
•Music
•Nooks
•Novels, cookbooks,
magazines, etc
•Cashiers
•Manager
•Computers
•Starbucks
•Seats and tables
•Stage for kids area
Could go to the library to rent
a book
Worker cannot babysit her neighbors
because she needs to work
5. Goods and services
Factors of Production
Trade Off
Opportunity Cost
•Food
•Drinks
•To-go
service
•Table side
service
•Rice
•Noodles
•Soup
•Sinks
•Tables and chairs
•Manager
•Wait staff
•Cooks
•Stove, grill, oven
Going over to grandparents
house for dinnerCook might be missing
their child’s birthday
6. Goods and services
Factors of Production
Trade Off
Opportunity Cost
•Gasoline
•Bathrooms
•Snacks/drinks
•Car wash
•Lot
•Gas pumps
•Paving
•Machinery (for car
wash)
•Manager
•Cashier
Riding bike to local
restaurant
Going to Fox to see a show
7. Websites used for Pictures
• http://store-locator.barnesandnoble.com/store/2070
• https://www.google.com/webhp?sourceid=chrome-
instant&ion=1&espv=2&ie=UTF-8#q=kohls%20suwanee
• http://www.bizbuilder.com/portfolio/valero-gas-station-with-
real-estate-whittier-ca/
• http://www.brilliantwaterfeatures.com/signature-le-
mekong.html
• http://www.examiner.com/article/top-10-road-test-tips-for-
teen-drivers